PepsiCo (PEP) has recently been the topic of numerous reports. The stock has seen a decline of -1.09%. Despite lagging behind the S&P 500, it has shown bullish signs of momentum, garnering attention from investors. Notably, Papa John's (PZZA) announced PepsiCo as its beverage partner in North America. This corporation's stocks are being considered for inclusion in retirement portfolios for their strong dividends. The predicted third-quarter results for 2024 were announced, sparking further interest from Wall Street analysts. Despite market slips, PepsiCo's stock has been steadily increasing; yet recommendations suggest checks should still be carried out before a dividend purchase. The company also released an ESG summary for 2023, which highlighted positive outcomes. Despite the soda giant suffering a large drop in the general market, it later saw significant gains. PepsiCo's Q2 earnings outpaced initial estimates, however, softer QFNA results affected the stock price. They have also replaced Coca-Cola at Subway’s US Locations. Although they faced a slump in stock due to market gains, analysts advise that PepsiCo remains a good investment choice.
Pepsico PEP News Analytics from Wed, 07 Feb 2024 08:00:00 GMT to Fri, 06 Sep 2024 21:45:08 GMT -
Rating 3
- Innovation 0
- Information 8
- Rumor -5
